compromise agreements for employees

What is the benefit of a Compromise Agreement for me?

If your employer has asked you to sign a Compromise Agreement, the potential benefits for you are that:
• You will likely have been offered an enhanced tax free payment in exchange for signing the Compromise Agreement;
• It creates a clean break for you, allows you to move on and concentrate on finding alternative employment, rather than spending your time and money on a Tribunal claim; and
• Usually an employer will provide an agreed form of reference to any potential employer on your behalf, that way you know exactly what reference will be provided and you will have approved the form of reference in advance.

What do I need to do if I have been given a Compromise Agreement to sign?

Because signing a Compromise Agreement means that you will sign away your right to bring claims against your employer, you will need to contact us so that we can advise you on the terms you have been offered. We will advise you whether the terms are reasonable and what claims you could be compromising by signing away your employment rights.
We can enter into negotiations with your employer on your behalf if we consider that the terms are not in your best interests.
We can advise you either by telephone or in person, but in addition to the Compromise Agreement we will also need to see your contract of employment, if you have one.

How much will it cost me?

We do not charge you anything for our advice or any negotiations we undertake on your behalf. All of our costs will be met by your employer, who we invoice direct once the matter has concluded. It is usual for an employer to pay a fixed fee to us which is specified in the Compromise Agreement.